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Steel production declines

http://www.oriental-cherry.com news  5/26/2006



Domestic steelmakers saw their weekly output fall from the previous seven days, according to data released Wednesday by an industry group.

Production among domestic steelmakers was about 2.09 million net tons for the week ended May 20. That was down about 0.5 percent from the 2.10 million net tons produced for the week ending May 13, according to the American Iron and Steel Institute.

Year to date production, as of May 20, was 41.5 million net tons.

In the Pittsburgh/Youngstown, Ohio, district, steel companies produced 181,000 net tons for the week ended May 20. That was down from the 182,000 net tons they made the prior week, AISI data shows.

AISI is a Washington, D.C.-based nonprofit association of North American companies involved in the iron and steel industry.

The organization 's data is based on reports from companies representing about 75 percent of the domestic industry 's raw steel capacity.

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